Welcome to the Brussels Edition. I’m Suzanne Lynch, Bloomberg’s Brussels bureau chief, bringing you the latest from the European Union each weekday. Make sure you’re signed up.
The EU’s latest attempt to kick-start Europe’s investment culture was unveiled today, as Brussels announced the latest stage in its Savings and Investments Union. Formerly known as the “Capital Markets Union,” the rebranded policy is an attempt to create a truly single market for capital across the bloc.
But despite the shiny new revamp, mobilizing private capital is something that Europe has struggled with for years.